Xiaomi Heavy Industry, its first entrepreneurial venture!

Chapter 411 Digital Online Payment Technology Co., Ltd.! (Third Update!)

"Remember to call if you need anything, and call often even if you don't need anything!" Lin Yi gave Zhang Yiming an encouraging look.

Zhang Yiming, sporting dark circles under his eyes, nodded to Lin Yi. He had stayed up until 5 a.m. last night and had just fallen asleep when the commotion of the convoy waking him up again.

Left with no other choice, he had to sleep on the road.

He picked up the two suitcases he was carrying and shook them, then nodded emphatically: "Don't worry, boss, I will definitely bring you a unique gift this Chinese New Year!"

"Then I'll wait!" Lin Yi patted Zhang Yiming's shoulder again, placed his hands on the other's shoulders, gently turned him around, and pushed him into the car.

The bus doors closed, and the people inside waved to those outside, while those outside waved back.

The vehicle slowly drove away, waving as it drove off, until it disappeared from sight.

Once he could no longer see anyone, Lin Yi turned around, dusted himself off, and walked towards his office.

Outside the office, Dai Zhifeng and Ji Shuangshuang, each with a few members of their team, waited at the door. When they saw Lin Yi arrive, they all nodded and greeted him.

"Go inside, everyone!"

After leading the people into the office and settling them on the sofa, Lin Yi returned to his desk, picked up the documents, and distributed them to everyone present.

"Take a look at them all!"

Dai Zhifeng was closest, so he was the first to receive the materials. After quickly reading through the summary on the first page, he looked at Lin Yi with excitement:

"You've finally decided to expand your business into finance?"

"If you ask me, you should have made this move a long time ago. With such a large cash flow left untouched, the interest lost every second would be an astronomical figure."

His voice drew everyone's attention away from the documents and focused on Lin Yi.

Lin Yi pointed at the document with his finger, "Take a look at the document first, and we'll talk after you've finished reading it!"

In short, everyone's attention turned back to the document. After looking at it for a while, several people from the legal department gathered together and started pointing at it.

A few seconds later, Dai Zhifeng looked up and said, "Boss, to be honest, you don't need to be the legal representative yourself."

“We all know that the financial business is quite risky, so my personal suggestion is to find a legal representative on the surface, and then you actually hold the shares.”

"That way, even if there's a problem, it won't fall on your shoulders."

The legal department staff nodded, and the finance department staff also nodded after hearing the opinions.

"that is!"

"Find a legal representative, pay him a salary on time, and if problems arise, he'll take the blame!"

"very perfect!"

"No need!" A calm voice came from the side, interrupting everyone's suggestions. Lin Yi, holding a cup of tea, stood beside everyone and said, "I don't get involved in those messy things."

"Quickly finish reading the documents, prepare the relevant procedures, submit the documents, and I'll find someone to arrange it."

After Lin Yi finished speaking, Dai Zhifeng took over the conversation, tapping the documents in his hand:
"From the perspectives of both review and our company's business, I suggest canceling the issuance and acceptance of prepaid cards, fund deposit and payment services, and only retaining online payment, bank card acquiring, cross-border payment, and financial derivative services."

"Although these companies also need a capital pool, they have the backing of a group company, so the central bank and the State Administration of Foreign Exchange will appropriately relax the management of the capital pool."

"What we need to do is ensure that we are among the first to obtain a third-party payment license, and at the same time, the scope of the license should be as broad as possible."

"Obtaining a payment license is a symbol of strength and is also very beneficial to our business expansion."

"Therefore, our primary goal should be to pass the test!"

Listening to Dai Zhifeng's words, Lin Yi lowered his head thoughtfully. A third-party payment license was something he wouldn't have dared to even think about in his previous life, and he naturally didn't understand the intricacies involved.

This move to obtain a third-party payment license is also a preparation for MiTalk, Toutiao, and the future Douyin.

Indeed, as Dai Zhifeng said, priority should be given to approval; if it fails, all efforts are in vain.

The market is only so big; delaying by one year is like delaying by a lifetime.

He nodded slightly. "If we make the adjustments as you suggested, do you need me to find someone?"

“Not needed for now!” Dai Zhifeng put the documents aside, rejecting Lin Yi’s suggestion.

"We don't need the front end for now!"

"The documents need to be submitted to the provincial-level central bank first, and then the provincial-level central bank will review the documents."

"I will contact Lao Qin then and ask him to say that it would be beneficial for businesses in his jurisdiction to obtain payment licenses, and he will help."

"The key lies with the central bank at the next higher level."

"Although the government is easing financial restrictions, it is also controlling things intentionally. The first batch of quotas will be allocated very carefully, so we will need to help out at that time."

"The most important thing now is to organize the data. We don't even have a company yet, so organizing the data is out of the question."

"So, boss, you've still decided to personally act as the legal representative?"

Dai Zhifeng then veered the subject back to the legal representative, and Lin Yi calmly nodded again: "Yes!"

“Then there’s no problem!” Dai Zhifeng turned to Ji Shuangshuang: “President Ji, next, we need to set up a company specifically responsible for the payment platform as quickly as possible. Time is of the essence. We’ll need to trouble you with the next step. Can you handle it?”

"No problem!" Ji Shuangshuang nodded calmly, appearing very composed.

Upon receiving a response, Dai Zhifeng snapped his fingers and said, "Then let's name the company first, and we'll go organize the information."

Now, all eyes turned to Lin Yi, wanting to hear what kind of name he was planning to choose.

Picking at the stubble on his chin, Lin Yi began to think about what name he should choose.

Since this involves money, the name must be dignified and reliable, so that people will immediately recognize it.

Even if you don't think it's reliable, you should at least make people feel that the name is neither good nor bad, and that you can get along with it.

After thinking for a long time, he calmly uttered a name:
"Digital online payment!"

Xiaomi Heavy Industry Group Digital Online Payment Technology Co., Ltd.!

Dai Zhifeng wrote the name down in a fountain pen and flicked the paper with the name on it: "The name is very good. The numbers are online, which makes people think of the internet at a glance."

"Payment, and we know it's a payment platform company, that's all!"

After praising the name, his gaze fell on Ji Shuangshuang: "President Ji, could you please organize the relevant documents and files later? Let's go register the company together."

"Once the paid-in capital is in place and the documents are ready, we will submit them as soon as possible."

"be quick!"

Ji Shuangshuang didn't waste any words. She put the documents back on the table, picked up her briefcase, and pointed to the door with her right hand: "Please!" The people from both departments left one after another. Ji Shuangshuang was the last to leave. After everyone else had left, she turned back to Lin Yi and asked in a low voice: "How about we make your fourth uncle the legal representative?"

"He's in jail!"

"There hasn't been a formal trial yet! As long as we withdraw the accountability measures, we can release him separately. We have leverage over him, so we don't have to worry about him turning against us."

"I finally managed to get those annoying relatives in, and you want me to get them out? What a waste of my time!" Lin Yi grabbed Ji Shuangshuang's shoulders and forcefully pushed her out: "Go and get the preliminary procedures done for me right now!"

"Okay, okay, okay!" Ji Shuangshuang nodded repeatedly, picked up her briefcase, and left the office.

After meeting up with Dai Zhifeng and the others outside the office, they went into the finance office to organize relevant documents.

…………

Lin'an.

The bus slowly came to a stop on the dirt road. Zhang Yiming got off the bus and looked at the land crisscrossed by rivers in front of him. He felt a chill in his heart.

After watching for a few seconds, he heard footsteps behind him. He turned around and saw it was Secretary Ke from Lin'an. He quickly changed his expression and ran towards Secretary Ke.

"Secretary Ke!"

Ke Yonghuai smiled at Zhang Yiming, then led him a few steps forward, found a slightly raised mound, and opened his arms to make a hugging gesture.

When Zhang Yiming came up behind him, Ke Yonghuai closed his eyes again and took a deep breath.
"Xiao Zhang, look! This huge area in front of you is the 3000 mu of land that your company is entitled to!"

"It's free!"

Ke Yonghuai emphasized the words "free," and after speaking, he opened his eyes and pointed to the land on his left:

"See that area? That place where people are active. That 300-plus acres of land is the land that Alibaba bought to build its new headquarters."

"They are currently in the bidding and design phase, and construction is expected to begin in the second half of next year, with a construction period of approximately three years."

After introducing the land on the left, Ke Yonghuai turned around and pointed to a busy construction site behind him: "This construction site is the Provincial Party School, which is expected to be completed in 13."

"Many comrades in the city want to come here to study, so you must keep up the good work!"

“This large area is called Future Science City, but we prefer to call the area behind the Party School, across the river, Future Science City, because in the plan, that area is the core area.”

"Once you pass the Future Science City area, you'll reach the Normal University campus. Once the university campus is completed, the surrounding area will become lively, and you won't be alone."

"To the west, there are also some science and technology industrial parks planned. The municipal government has already reached an agreement with those companies, and they will move in one after another in the second half of the year."

"In two or three years at most, this place will become bustling and transform into a hub for high-tech industries."

"So, Xiao Zhang, I have high hopes for you!"

The last compliment made Zhang Yiming feel flattered. He quickly bowed, a smile on his face, and kept praising Ke Yonghuai.
"Being willing to spend two or three years to incubate a golden egg, Secretary Ke is the most visionary person I have ever met."

"I believe that the businesses operating here will live up to Secretary Ke's expectations and will definitely build this place into the largest science and technology industrial park in Lin'an City, bringing tax revenue and employment to Lin'an City."

Knowing that Zhang Yiming was just being polite, Ke Yonghuai smiled and patted Zhang Yiming on the shoulder again: "With you saying that, I'm relieved!"

Turning his head, he waved to Duan Feng beside him. Duan Feng immediately ran over, took a stack of documents from his briefcase, and Ke Yonghuai took the documents and handed them to Zhang Yiming.
"This is the official land allocation document. All 3000 mu of land are for industrial use."

"However, we have conducted an innovative pilot project in the Future Science City, in which industrial land is no longer a simple industrial land model, but a flexible land use model."

"Industrial land use is permitted to accommodate up to 15% of commercial space!"

“When I went to your headquarters for negotiations, I saw the situation at your headquarters.”

“Your team consists of R&D offices, manufacturing, and a little bit of business.”

"This flexible land use model is practically tailor-made for you."

"Therefore I believe that you will definitely be able to make a name for yourselves here in the future!"

"Here, take it!"

Zhang Yiming bent over, took the land documents with both hands, but didn't open them; he just held them tightly in his arms.

Noticing his actions, Ke Yonghuai simply smiled and didn't say anything more.

The two stood on the small mound for a while longer, then Duan Feng leaned over and whispered a few words in Ke Yonghuai's ear. Ke Yonghuai then turned to Zhang Yiming and said:
"I have some business with the municipal government, so I need to go back."

"If you encounter any problems that you can't solve, you can call Duan Feng."

With his right hand, Ke Yonghuai made a phone call gesture to Zhang Yiming, then turned and walked towards the municipal government's motorcade not far away.

Duan Feng walked at the back, took out a business card and handed it to Zhang Yiming, then reminded him, "Mr. Zhang, remember to call if you need anything!"

After giving his instructions, Duan Feng quickly left and caught up with Ke Yonghuai, who was also leaving.

After the convoy started moving away, Liao Xiangjun got off the bus from Xiaomi Heavy Industry and slowly walked to Zhang Yiming's side:
"Did Secretary Ke make any special requests?"

"No!" Zhang Yiming shook his head, then frowned and looked at the document in his hand.

After hesitating for a moment, he opened the file and took out the information inside.

The information inside is very simple.

Planning documents, land allocation documents, land parcel map, land use description, and land ownership certificate for the Future Science City.

On the property certificate, in the section on land use, it is marked as innovative industrial land.

The instructions below clearly state the land use restrictions and the latest possible date for land development and use.

5 years!
Starting from the date this property certificate is issued, this land needs to be put into use within 5 years.

If the land remains unused after 5 years, it will be reclaimed!
Upon seeing these words, Zhang Yiming's face broke into a bright smile.

If Lin'an City asked him to use this land now, he would not hesitate to quit, take his team back to Xiaomi Heavy Industry headquarters, and do research and development in a small office.

But the deadline has been extended here.

As long as it's utilized within 5 years, that's fine!

It won't take 5 years, at most 3 years!
Three years later, the Lin'an branch will have enough funds to start construction on this land.

Filled with pride, Zhang Yiming turned around and looked at the 3000 mu of land in front of him.

There was too much water over there, so they turned it into a small wetland park.

A leisure center will be built here, a big data server room will be built over there, and an administrative building will be built here...

(End of this chapter)